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Creating an AI Startup:
What You Need to Know
Seth Grimes
Alta Plana Corporation
@SethGrimes – grimes@altaplana.com
May 20, 2021
meetup.com/MarylandAI
AI is not a single technology breakthrough,
like a bat-wing stealth bomber. The race
for AI supremacy is not like the space race
to the moon. AI is not even comparable to
a general-purpose technology like
electricity. However, what Thomas Edison
said of electricity encapsulates the AI
future: “It is a field of fields … it holds the
secrets which will reorganize the life of the
world.” Edison’s astounding assessment
came from humility. All that he discovered
was “very little in comparison with the
possibilities that appear.”
https://www.nscai.gov/2021-final-report/
The Garden of Earthly Delights
AI is already ubiquitous in everyday life and the
pace of innovation is accelerating. We take for
granted that AI already shapes our lives in ways
small and big. A “smartphone” has multiple AI-
enabled features including voice assistants, photo
tagging, facial recognition security, search apps,
recommendation and advertising engines, and
less obvious AI enhancements in its operating
system. AI is helping predict the spread and
escalation of a pandemic outbreak, planning and
optimizing the distribution of goods and services,
monitoring traffic flow and safety, speeding up
drug and therapeutic discovery, and automating
routine office functions.
https://www.nscai.gov/2021-final-report/
Creating an AI Startup: What You Need to Know
Creating a startup: What You Need to Know
AI: What You Need to Know
• Technology
Creating an AI Startup: What You Need to Know
• Tech-Product-Market Fit
• Talent
• Funding
• Resources
Let’s focus on Maryland.
“Artificial intelligence (AI) is a wide-ranging branch of
computer science concerned with building smart
machines capable of performing tasks that typically
require human intelligence.”
Consider:
• Narrow AI
• Artificial General Intelligence
• Augmented Intelligence
What’s important is to create something (potentially)
useful.
https://builtin.com/artificial-intelligence
https://towardsdatascience.com/the-future-with-reinforcement-learning-877a17187d54
http://www.cognub.com/index.php/cognitive-platform/
Other AI Community/Resources
Bethesda Artificial Intelligence Meetup,
https://www.meetup.com/Bethesda-Artificial-Intelligence-Meetup/
Data Works MD, https://www.meetup.com/DataWorks/
FastForward, Johns Hopkins Technology Ventures
https://ventures.jhu.edu/programs-services/fastforward/
bwtech@UMBC, https://bwtech.umbc.edu/
Betamore @CityGarage, https://betamore.com/en
ETC (Emerging Technology Centers) Baltimore,
https://www.etcbaltimore.com/
Panel
Jay Polaki HRGeckos.com
Vineet Sachdev EndoVigilant.com
Jeehye Yun RedShred.com
Creating an AI Startup:
What You Need to Know
Seth Grimes
Alta Plana Corporation
@SethGrimes – grimes@altaplana.com
May 20, 2021

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Creating an AI Startup: What You Need to Know

  • 1. Creating an AI Startup: What You Need to Know Seth Grimes Alta Plana Corporation @SethGrimes – grimes@altaplana.com May 20, 2021
  • 3. AI is not a single technology breakthrough, like a bat-wing stealth bomber. The race for AI supremacy is not like the space race to the moon. AI is not even comparable to a general-purpose technology like electricity. However, what Thomas Edison said of electricity encapsulates the AI future: “It is a field of fields … it holds the secrets which will reorganize the life of the world.” Edison’s astounding assessment came from humility. All that he discovered was “very little in comparison with the possibilities that appear.” https://www.nscai.gov/2021-final-report/
  • 4. The Garden of Earthly Delights
  • 5. AI is already ubiquitous in everyday life and the pace of innovation is accelerating. We take for granted that AI already shapes our lives in ways small and big. A “smartphone” has multiple AI- enabled features including voice assistants, photo tagging, facial recognition security, search apps, recommendation and advertising engines, and less obvious AI enhancements in its operating system. AI is helping predict the spread and escalation of a pandemic outbreak, planning and optimizing the distribution of goods and services, monitoring traffic flow and safety, speeding up drug and therapeutic discovery, and automating routine office functions. https://www.nscai.gov/2021-final-report/
  • 6. Creating an AI Startup: What You Need to Know Creating a startup: What You Need to Know AI: What You Need to Know • Technology Creating an AI Startup: What You Need to Know • Tech-Product-Market Fit • Talent • Funding • Resources Let’s focus on Maryland.
  • 7. “Artificial intelligence (AI) is a wide-ranging branch of computer science concerned with building smart machines capable of performing tasks that typically require human intelligence.” Consider: • Narrow AI • Artificial General Intelligence • Augmented Intelligence What’s important is to create something (potentially) useful. https://builtin.com/artificial-intelligence
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  • 16. Other AI Community/Resources Bethesda Artificial Intelligence Meetup, https://www.meetup.com/Bethesda-Artificial-Intelligence-Meetup/ Data Works MD, https://www.meetup.com/DataWorks/ FastForward, Johns Hopkins Technology Ventures https://ventures.jhu.edu/programs-services/fastforward/ bwtech@UMBC, https://bwtech.umbc.edu/ Betamore @CityGarage, https://betamore.com/en ETC (Emerging Technology Centers) Baltimore, https://www.etcbaltimore.com/
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  • 18. Panel Jay Polaki HRGeckos.com Vineet Sachdev EndoVigilant.com Jeehye Yun RedShred.com
  • 19. Creating an AI Startup: What You Need to Know Seth Grimes Alta Plana Corporation @SethGrimes – grimes@altaplana.com May 20, 2021